Im 20 years old and I am lightyears ahead of many people I have met in terms of financial knowledge. Granted I have 5 classes under my belt but I still don't know that much. People have no clue how the banking system works. They have no clue how credit works. They have no clue how to make and keep money.

I would love to see the US institute some program to educate our people. If people knew what they were doing and they knew benefits and consequences of their financial decisions we would have a much more economically stable country instead of this volatile mess we are in because everyone bought way more than they could afford because they had no clue what they were doing.

So many people carry thousands in credit card debt every month but turn around and buy a new car, or buy a house. WTF?? This needs to change.

I had to teach someone how a credit card works the other day. They were 23....

Click to expand...

I understood this crap at the age of 10 (no, I'm fucking serious). Now you understand where financial problems come from.

Click to expand...

THANK YOU. My exact point for why we need some program to educate people. All this bad credit was fueled by citizens not understanding how the heck this industry functions and how the heck to use credit to your benefit. Which is hardly use it at ALL!

Im 20 years old and I am lightyears ahead of many people I have met in terms of financial knowledge. Granted I have 5 classes under my belt but I still don't know that much. People have no clue how the banking system works. They have no clue how credit works. They have no clue how to make and keep money.

I would love to see the US institute some program to educate our people. If people knew what they were doing and they knew benefits and consequences of their financial decisions we would have a much more economically stable country instead of this volatile mess we are in because everyone bought way more than they could afford because they had no clue what they were doing.

So many people carry thousands in credit card debt every month but turn around and buy a new car, or buy a house. WTF?? This needs to change.

Click to expand...

Awesome thread....reps coming your way. Business managament needs to be taught in public schools starting at a very early age and I would like to see YOU teach it...

Im 20 years old and I am lightyears ahead of many people I have met in terms of financial knowledge. Granted I have 5 classes under my belt but I still don't know that much. People have no clue how the banking system works. They have no clue how credit works. They have no clue how to make and keep money.

I would love to see the US institute some program to educate our people. If people knew what they were doing and they knew benefits and consequences of their financial decisions we would have a much more economically stable country instead of this volatile mess we are in because everyone bought way more than they could afford because they had no clue what they were doing.

So many people carry thousands in credit card debt every month but turn around and buy a new car, or buy a house. WTF?? This needs to change.

Click to expand...

Awesome thread....reps coming your way. Business managament needs to be taught in public schools starting at a very early age and I would like to see YOU teach it...

Click to expand...

I would LOVE to teach it. I took Finance and Business Management in High school. But they were electives and I was about the only person that chose to take them. Everyone else were the kids that got forced cause they never chose an elective.

Ive been telling people this needs to be mandatory since I was a sophomore in high school. Im sorry but Physics can be used by 10% of the people that take it. Finance can be used by 100% of the people that take it. Hmmmm.

Useful Searches

About USMessageBoard.com

USMessageBoard.com was founded in 2003 with the intent of allowing all voices to be heard. With a wildly diverse community from all sides of the political spectrum, USMessageBoard.com continues to build on that tradition. We welcome everyone despite political and/or religious beliefs, and we continue to encourage the right to free speech.

Come on in and join the discussion. Thank you for stopping by USMessageBoard.com!